Mortgage Rates Today, Sep. 13, 2024: Fed in Focus
Will the Fed cut big or small next Wednesday? More importantly, what will it say about future cuts?
September 13, 2024 3 MIN
Will the Fed cut big or small next Wednesday? More importantly, what will it say about future cuts?
Yesterday's inflation report eased mortgage rates to an 18-month low. Next Wednesday's Fed meeting could change things up, though.
This morning's inflation report likely exerted a downward force on mortgage rates. But we'll have to see how markets respond to it.
Tonight's presidential debate could affect mortgage rates. But tomorrow's inflation report is more likely to move the dial.
Last Friday's jobs report was good for mortgage rates. But will economic reports and events this week support further falls?
This morning's jobs report was likely good for mortgage rates. It might make the Federal Reserve cut general interest rates faster than planned.
Tomorrow's jobs report could be pivotal for mortgage rates. It could set them on an upward path, send them appreciably lower, or leave them virtually untouched.
Stock markets had a bad day yesterday. While that's not yet affected mortgage rates much, it could do if the turmoil continues.
